12-Sep-13 Objectives of firms 1. Profit Maximisation In neo-classical economics it is assumed that the interest of owners or shareholders are the most important. Just as consumers attempt to maximise utility‚ shareholders main motivation is to maximise their gain firm the company. Therefore‚ one of the main objectives of firms is to maximise profit. Profit is the reward for the risk-bearing function of the entrepreneur. The firm is in equilibrium‚ and is maximising profit‚ when it
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A Cup of Tea By Katherine Mansfield Rosemary Fell was not exactly beautiful. No‚ you couldn ’t have called her beautiful. Pretty? Well‚ if you took her to pieces... But why be so cruel as to take anyone to pieces? She was young‚ brilliant‚ extremely modem‚ exquisitely well dressed‚ amazingly well read in the newest of the new books‚ and her parties were the most delicious mixture of the really important people and... artists - quaint creatures‚ discoveries of hers‚ some of them too terrifying for
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Pricing objectives are goals that describe what a firm wants to achieve through pricing. Pricing objectives must be stated explicitly‚ and the statement should include the time frame for accomplishing them. There are six stages of setting prices. They are developing pricing objective‚ assessing the target market’s evaluation of price‚ evaluating competitors’ prices‚ choosing a basis for pricing‚ selecting a pricing strategy‚ and determining a specific price. Cost-based pricing is adding a
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INTRODUCTION OF FMCG INDUSTRY FMCG’s or fast moving consumer goods are the products which are frequently purchased by consumers including toiletries‚ soaps‚ cosmetics‚ teeth cleaning products‚ shaving products‚ detergents‚ other non-durables such as glassware‚ bulbs‚ batteries‚ paper products‚ plastic goods etc. They are such items which are consumed daily or become necessity for human being. Everyone needs toothpaste as soon as they get up to washing their hand from soap after having their
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Q1. What were you able to get to work? (Illustrate with screen shots.) I (we) had to revise our orginal idea for developing a mobile application for a website as the site was not compatible with development for X-Code‚ & more specifically Objective-C language. So we switched gear and built an app for ourselves. This iPhone application (supposed to) log books that you want to read in the future (or authors‚ subject matter)‚ search it on Amazon and then store it to a list to make it viewable at
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analysis of the Tea Industry in Bangladesh. By analyzing the Tea market we have tried to find out answers of the seven questions and the present situation of this industry. 2. Background of Tea Industry: Tea drinking in Bangladesh which started during the last century is now getting momentum with the pace of urbanization and improvement in the standard of living. Now it’s became very popular as a non-alcoholic drink and we cannot pass our day without taking tea. Bangladesh Tea Board is a statutory
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Organisational and Financial characteristics of different types of Travel and Tourism organisations ~ Information Pack ~ Sophie Harpham ~ Contents Page ~ Page Organisational characteristics 4-5 Business structure and control 6 Business organisation 7 Documentation for business set up Financial characteristics 9 Distribution of profits 10-12 Sources of finance 12 Supplying products and services 12-13 Financial accountability 13 Inland revenue 13-14
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Should I give tea to my baby? № 4 will surprise you! We have experienced the healthy benefits of tea numerous times. A sore throat‚ stomach cramps‚ or fever – we just make ourselves a cup of tea. And we start to feel better almost immediately. But what about babies? If your baby is colic‚ you might be wondering: Can I use chamomile tea for newborns? Here‚ I’ve made a list of the most popular teas. Let’s see which ones are safe for your newborn‚ shall we? #1 Chamomile tea is good for babies If
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1. Purpose‚ Scope and Objectives Matriculation Assessment and Budget Projection Tool for an Academic Institution Project consists of three modules namely‚ Tuition and Miscellaneous Fee Projection Module‚ Asset Evaluation Module‚ and the Trimestral/ Semestral/ Quarter and Facilities Utilization Monitoring Module. This modules work together in order to provide needed information such as tuition and miscellaneous fee breakdown and computation. The first module of the project is “Asset Evaluation
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Training and Development The human resources department help organizations meet training and development objectives. It helps determine the training needs of the company and creates and conducts training programs for employees. HR staff members organize training manuals and determine the most appropriate method of delivering training to meet the needs of the organization. Department training specialists consult with managers and employee supervisors to assess performance improvement needs and to
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